Announcing the frist Steem Dollar Ticker.
For the latest USD exchange rate price on your hard earned SD:
LAST UPDATE 7/8: SteemDollar.com website screenshot right after it went thought the $1 threshold at 15:30 CEST (15/07/07)
Curently its a bit of work to calculate what the "exact" exchange rate of Steem Dollars is compared to the USD. And since I was quite interested in the latest exchange rate I decided to make a tool. This started with a simple google spreadsheet that I shared here with you.
Since I got quite some response I further developed the idea of a website ticker that shows the current "real" value of the Steem Dollar compared to the dollar.
CONVERSION EXPLANATION:
To explain how the conversion works I'm going to show you an example with some "random" values. Next to that you can read from which exchanges the values are loaded from.
Actual Live Data:
SD/STEEM = 0.329000 SD (internal markets ask price)
BTC/STEEM = 0.00043 BTC (Bittrex price from api)
USD/BTC = $639.085 (Coindesk price from api)
Calculation & Formula:
1 SD = 3.0395136778115 STEEM
3.0395136778115 STEEM * 0.00043 BTC = 0.001306990881459 BTC
0.001306990881459 BTC * 639.085 USD = $ 0.8352782674772
FUTURE PLANS:
1.) Add conversion to other FIAT (EURO / GBP / CAD)
2.) Logging page with statistics and history of SD/USD price.
3.) Display generated images to post Steem Dollar price badges.
4.) Making it mobile ready
5.) Fixing the graphical glitches on diffrent screen sizes.
UPDATES:
9/7/2016 - Adden collors of STEEM & VESTS convertion so pages and values are not mistaken.
9/7/2016 - Added a convertion page to go from steem to USD and BTC
9/7/2016 - Added a box with BTC values
9/7/2016 - Added a conversion box - choose your own amount of SD to convert to USD.
8/7/2016 - Added a conversion page to go from VESTS to STEEM
8/7/2016 - Included the actual information and formula for convertion
8/7/2016 - Fully automated the convertion with several api's
7/7/2016 - Changed the domain to Steemdollar.com
Please spread the word and let me know if you have any tips, tricks, suggestions or feedback on the current Steem Dollar Ticker.
#steemit #steem #trading #ticker #crypto #productivity #payout #dollar #first #steemdollar
great work man - there are some minor position issues with google chrome on OSX 12" - the logo overlays the header title
see screenshot attached:
but it could be easily fixed with viewpoint and custom CSS for smaller sizes!
Hope this helps!
Again great iniative - pls go continue :)
Thanks, its indeed on the checklist of things to do.
http://www.mauricemikkers.nl/steemit
From now on only accessible from: http://steemdollar.com
there's a typo in the title - "fist" :)
OMG, wow this is a good f-up of autocorrect that did not see my mistake! Thanks for noticing after 2 days!
lol i know - i've seen this post yesterday and didn't noticed ... btw now it's "frist" :D
Some logging converted to a simple graph form the last days, including the resent pump:
This is interesting!
Thanks, good to see the community likes it. Both points are up in the to do list. Hope to make some time soon to implement the first steps of this. As soon as I have a major update I will let everyone know.
That's great! I'll keep an eye out for your updates. :)
SBD originally stood for Steem Backed Dollar ( not Steem Based Dollar).
Thanks my fault going to change this!
edit1: changed it to backed
edit2: removed backed -> Steem Dollar
We encourage all to use "Steem Dollar" or "SD"
There is a problem right now on http://mauricemikkers.nl/steemit/
Whoeps, thanks for the heads up!
I guess the DNS/Cash is giving some problems at the moment. First it was on that site but I bought a domain name and some hosting to run it on.
From now on only accessible from: http://steemdollar.com
Next to that I see that there are some design glitches on some screens where the logo is on top of the text, and there are some other small styling options where i need to have a look at
still the same with the link you provided http://steemdollar.com
That is very weird! clear cash of last 2 days maybe the old url is still in your cash. Otherwise its the DNS referring still towards old address. Hope its fixed soon.
Good stuff, thanks for making this. Ive veen darting back and forth too :o
Hope this is now history :)
Thanks!
Your welcome!
Would you consider enhancing your spreadsheet and website by adding similar calculations but for more significant amounts of SD? I mean amounts which are more likely to be used in practice, e.g. 100 SD or 1000 SD.
What about making it a form box so you can decide what amount you would like to see converted?
That would be even better, if it's doable.
Ideally, we could combine both methods: have some fixed amounts (e.g. 1 SD, 10 SD, 100 SD, 1000 SD) and a box where you could enter an amount of your choice. This way those who need a quick overview don't have to type anything and those you need exact information have the option to get it.
Written down in the to do notes. Tho I will try to keep the site as clean and flashy as posable - too much info / numbers might be too distracting. Etherway I will do my best!
As promised a convertion box to put in your own SD value to convert to USD$:
SteemDollar.com